Saturday, April 20, 2019
Business Law and ethics Assignment Example | Topics and Well Written Essays - 1500 words
Business Law and ethical motive - Assignment Example cytosine emissions are dangerous and therefore undesirable in the country. Companies that put this factor in into consideration set de facto standards and, therefore, have a competitive advantage. The paper go forth examine how the effects of clime change on automobile provide affect their overall performance in theindustry. This may title for adoption of new technology that is both low cost and will ensure higher(prenominal) timbre of products. Carbon constraints determine the convectional value drivers within the industry that will significantly create challenges for senior managers.Carbon constraints interact well with established efforts to improve fuel economy that will eventually drive prices up. This implies that climate change will have differential impacts on companys financial performance by creating a distinction between those companies that will ultimately be exposed to these risks.The traditional business model, which is establish on tradition measures of demand and supply that affect tangible measures like sales volume, pricing, margins and profitability, and intangible measures like brand recognition, innovation and quality, will be affected. Managements concern will beto do business operations withalignment of strategic missions in a world faced with declining profits, tighter policies and shorter product disembodied spirit spans. Companies will be forced to adopt a carbon-friendly technology to reduce carbon emissions as this willhave the potential to alter long-term competitive balance within the industry. However, the biggest challenge is to determine which technologies will be accepted by the markets standards. An example of technology utilized in the automotive industry is the incremental technology which will offer opportunities for the fuel economy. Companies will also be forced to adopt a merger strategy of partnering will others which an aim of reducing costs. New entrants i nto the market will face high overhead costs compared to those already in
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